FY2026 EPS Estimates for Orla Mining Reduced by Desjardins

Key Points

• Desjardins has lowered its earnings estimates for Orla Mining's FY2026 EPS from $1.22 to $1.18, with a current consensus earnings estimate of $0.24 per share for the full year.
• Despite the downgrade, research firms like Royal Bank of Canada and CIBC maintain an "outperform" rating on the stock, which has an average price target of $27.00.
• Orla Mining's stock has seen a significant decline of 12.8%, with current trading at $10.80, while institutional ownership stands at 43.04%.

Orla Mining Ltd. (NYSEAMERICAN:ORLA - Free Report) - Stock analysts at Desjardins cut their FY2026 earnings estimates for shares of Orla Mining in a research note issued to investors on Monday, October 20th. Desjardins analyst A. Carson now expects that the company will post earnings per share of $1.18 for the year, down from their prior estimate of $1.22. The consensus estimate for Orla Mining's current full-year earnings is $0.24 per share. Desjardins also issued estimates for Orla Mining's FY2027 earnings at $0.86 EPS.

A number of other research firms have also recently weighed in on ORLA. Royal Bank Of Canada restated an "outperform" rating on shares of Orla Mining in a report on Tuesday. CIBC restated an "outperform" rating on shares of Orla Mining in a report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of "Buy" and a consensus price target of $27.00.

Orla Mining Stock Down 12.8%

NYSEAMERICAN:ORLA opened at $10.80 on Wednesday. Orla Mining has a fifty-two week low of $3.81 and a fifty-two week high of $13.91. The stock has a market capitalization of $3.52 billion, a P/E ratio of 216.04 and a beta of 0.33. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.66 and a current ratio of 0.85. The company's 50-day simple moving average is $11.07 and its 200-day simple moving average is $10.69.

Institutional Trading of Orla Mining

A number of institutional investors have recently bought and sold shares of the stock. Connor Clark & Lunn Investment Management Ltd. boosted its stake in Orla Mining by 33.7% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 5,139,774 shares of the company's stock worth $51,667,000 after purchasing an additional 1,296,774 shares in the last quarter. Amundi lifted its stake in Orla Mining by 49.9% during the 1st quarter. Amundi now owns 3,711,381 shares of the company's stock valued at $35,147,000 after acquiring an additional 1,235,692 shares during the period. TD Asset Management Inc lifted its stake in Orla Mining by 15.7% during the 1st quarter. TD Asset Management Inc now owns 2,780,946 shares of the company's stock valued at $25,969,000 after acquiring an additional 378,015 shares during the period. Goehring & Rozencwajg Associates LLC lifted its stake in Orla Mining by 2.2% during the 1st quarter. Goehring & Rozencwajg Associates LLC now owns 1,397,753 shares of the company's stock valued at $12,951,000 after acquiring an additional 30,722 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its stake in Orla Mining by 3.1% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,282,472 shares of the company's stock valued at $12,867,000 after acquiring an additional 39,017 shares during the period. 43.04% of the stock is currently owned by institutional investors and hedge funds.

Orla Mining Company Profile

Orla Mining Ltd. acquires, explores, develops, and exploits mineral properties. The company explores for gold, silver, zinc, lead, and copper deposits. It owns 100% interests in the Camino Rojo project that consists of seven concessions covering an area of 138,636 hectares located in Zacatecas, Mexico; Cerro Quema project totaling an area of 15,000 hectares located in the Azuero Peninsula, Panama; and the South Railroad project consisting of an area of 21,000 hectares located in Elko, Nevada.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.